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<br /> �4��� -�, Lender. The foregoing �vasranties aad representations, and .
<br /> � 8orrower's obligationa pnreuaat �o �hhe foregoing indemnity, shall
<br /> .� � � � suxvi�re repayment of the Note and �he reconneyaace of this Deed �"��°�-�
<br /> � of Txust.'
<br /> ��.�� -
<br /> �--'�
<br /> � " 9. Aseiqnment of Rea�s= i+laaagement of Property. As �
<br /> � � additioaal secur ty e�eun�er� Borrawer her p ass qns to E�ender ` "`
<br />_`:� ;._�_ the rents, iasues aa8 profits of the Property, provi.ded tbat �'��;`�
<br /> -�'�'''� Bor�ower s�aL1.. prior to accelera�ion nn8er garaqraph ii hereof -
<br /> ,.,r;. _. ..:. ,�
<br /> � : or abandon�teat'��of the Prope�ty, have the right to collect and
<br /> - . retain. such ��its, issues and profi�s as thep beaome dne and pay- �, �`r
<br /> - � able. ��f�oon accelera�.on or akandonment of the Property, Lender -
<br /> . . may, ei�Her in person or by agent, wf.�h or without bringiag any �
<br /> --_ � actioa or proceedinq, or by a rec�iner appointed b�� a conrt and .;.;,;3
<br /> wi.thont regard to the adequacp of its security�,��enter upon and
<br /> .; take possession af the Propert�, or any part thereaf, in its own • �
<br /> • name or in the name of �he Trnstee, and do any acts which it �
<br /> � deems nece$sary�.qr desirable to preserme the na�ue, marketabi].i.ty �
<br /> � or rentability vf the Property, or any part thereof or interes� ° �--
<br /> �� ��`� � therein, increase tlae incou[e therefrom or pratect the secnrity
<br /> � -- ';� hereof and, witt�_ ar.. withont takinq possession of the Property,
<br /> � -� ����� �� sne for. or othaxw�:$e`�cpllect the ren�s, issues and profits --
<br /> , �� `4-:: . t.bereof,.includi.�►g,r�.t:�ose--past due aad.axapaid, and apply tlse saYae, . =-
<br /> � �_�M �'�" � � less casts and' experise�.;.of opera t ion �d ao l lection, a.nc lu d ing. : __.
<br /> , � �
<br /> ': :�:a�tarneys• £ees.. upoiq�..1 auy ind+e�+�ec�ness secured hereby, a7.1 i�x:, ,. . -- ---
<br /> k: �sach order as 7,euder.'.ut�i�=°�d�st-.�x�e. The ea�eri.uq opon and taF�;r",� �
<br /> �.:`.,';;.,_._.:.7.�� passes$3on of tlie.,Pro�e�p, the collectiott of such rents, issr��s �_
<br /> � ":< < �{ and prta�its aric�"��� �a���ca�iosi thereof as aforesaic�, shau ��: ' . . . .
<br /> ��fi : '.
<br /> > >�: cure ar wai.ve �aa� �efault c��c a¢atice af default herennder es.;: ..
<br /> �;s�� iavalf.datQ.,any aat done #aa sce�gaa�e to sncT� �Yr�fault or pursuan� �
<br /> h'' � to .suck notiCe•cif default�a�d, g�otwit4�s�c�iAg the COAt3ALl1l1C8 �n
<br /> ���: �� possessfon of the Property os the rc�.�.�tion, receipt and applica- � .
<br /> • �. �r tion of rents, issues or profita, and Tnastee and bender shall be �
<br /> " : `� entitled to exercise every right provided for in any of the Loan __
<br /> ; :�';F Instnuaeats or by Iaw upoa occurrence of aay Eveat of Default,
<br /> : �� �} including, withaut limitation, the riqht to exera�se the power of R.
<br /> �� . . --' sale. Further, Lendez's rights aad reme�ies under this paragraph� -
<br /> . -.- 4 shall be cuntulstive with, and in no way a limitation oa, � F�
<br /> . � � Lender's rigl�ts and semedies under any Assignment of Leases and a..
<br /> . � Rents recorded agaiaet the Property. Lender, Trtxstee and the �
<br /> � '�� � •�•-`r receiver shall be liable to account only for those reats aataally
<br /> � ` received.
<br /> ': .';} ; � �
<br /> � � 10. Events of Default. The followinq shall aonstitate
<br /> � aii Event of Default under tIz s Deed of Trus�= ___
<br /> . ,;� .
<br /> � ���•�'�.. ;, .t �a) Failure to pay any ins�allment of =�. _
<br /> ' ' � :. =F, principal or interest or any other sum secured hereby _
<br /> " = when due, or faflure to pay when dne any other indebiced- --
<br /> '.'� � ' ne$s of Borrower�to L�nder= - -
<br /> . � � `.
<br /> �.:
<br /> � ' - (b) A breach o€ or defanit under any provi-� �� '
<br /> � �:; sion contained in the Note, this�� Deed of Trttst, any of ��::
<br /> � � ' � `� ' the Loan Instzumen�s, or any ot&er encumlorance upoa the .
<br /> ��F� � �6s` �1 property, after qiviag effect to aay applicabie cure �-�
<br /> � ' period cantained thesein? � ��--
<br /> � , �,::,:
<br /> � . � �.,,� �� (c) A writ of execntion or attachment or any �n`'
<br /> � , # eimilar process sball be entered against Hnrrower which , �
<br /> , - s�all beaome a lien on the Psoperty or any portion .
<br /> .� � thereof or interest therein=
<br /> =��;r:�,.�._ ' i (d) There s��ll. be f3.led by or agafnst _�:
<br /> �orrower an action under aay present ar future federal,
<br /> � state or ather ata�tute, 1aw ar requlatian rela�fng to "
<br /> bankrnptcy, insolvency or other rel3ef far debtorst or �
<br /> � . � there shall be appointed any trustee, recefver or ,
<br /> ��quidator of Borrower or of all or any part of the _
<br /> . � Pyoperty, or the rents, issuea or profita thereof, or
<br /> � . ' Horrower shall make any general asaignment for the :�::`
<br /> a�,,:v,_
<br /> � • bene£it of cre83tors: :�:sr:
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